TF Bank AB

Contacts 
    Address  501 10, Sweden, Borås
    P.O. Box  Box 947
Bank Identifiers 
    MFI ID  SE41463
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Number of Employees (2014)  38 ↑ (+5.56%)
Financial Positions 
    Total Assets (2014)  2 352.00 mln SEK ↑ (+27.90%)
    Total Equity (2014)  232.00 mln SEK ↑ (+32.57%)
Domestic Presence 
    Branches (2014)  no change
European Presence  2 banks in 2 countries

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  SE41463

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.


Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Sweden are obliged to participate in Swedish deposit guarantee scheme.

In the case of TF Bank AB failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, companies and other legal entities
Covered Accounts  deposits in all types of accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in Sweden

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Financial Positions

In 2014 total assets of TF Bank AB were 2 352.00 mln SEK. Growth compared to the previous period (2013) was 27.90%. The evolution of the total assets of TF Bank AB is shown at Chart 1 below.

Total Assets of TF Bank AB.
Chart 1. Total Assets of TF Bank AB.

Recent changes in total assets of TF Bank AB and its main components are shown in Table 1.

2013 2014 % Change
Loans to customers 1 226.0 1 633.0 +33.20% ↑
Total Assets 1 839.0 2 352.0 +27.90% ↑
Table 1. Recent changes in total assets of TF Bank AB (mln SEK).

Recent changes in total liabilities of TF Bank AB and its main components are shown in Table 2.

2013 2014 % Change
Customer deposits 1 522.0 1 953.0 +28.32% ↑
Total Liabilities 1 839.0 2 352.0 +27.90% ↑
Table 2. Recent changes in total liabilities of TF Bank AB (mln SEK).

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Finland

Sweden

Related Information on Sweden

Economy and Banking Sector of Sweden

List of Banks in Sweden

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